1147 Fedora Street, Los Angeles, California 90006, Los Angeles, 90006 - 6 bed, 3 bath
ACTIVE$1,650,000
1147 Fedora Street, Los Angeles, California 90006
6Beds
3Baths
3,000Sqft
5,903Lot
Year Built
1903
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$550
HOA
-
Days on market
-
Sold On
-
MLS number
WS25241572
Home ConditionFair
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $1.65M(50th), sqft - 3000(33th), beds - 6(67th), baths - 3(67th).
Amazing Investment Opportunity in Koreatown by Los Angeles. You don't want to miss this rare opportunity. VERY MOTIVATED SELLER! This triplex features 5 units. Located walking distance to Olympic Boulevard and Normandie Ave. Conveniently nearby LA Convention Center, Cryto Arena, LA Live and minutes away from koreatown, Midwilshire, Downtown, USC and more. Easy access to major Fwy 10 & 110. Main 2 story unit has 4 bedroom, 3 bathroom, living room, kitchen island and stainless appliances. Other 4 units are located in the back. 2 units on upper level and 2 units on lower level. Upper level units features 2 bedrooms, 1 bathroom and balcony. 5%.
Nearby schools
/10
Mariposa-Nabi Primary Center
Public,•K-2•0.2mi
3/10
Los Angeles Elementary School
Public,•K-5•0.4mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•0.5mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•0.6mi
3/10
Leo Politi Elementary School
Public,•K-5•0.7mi
3/10
Magnolia Avenue Elementary School
Public,•K-6•0.7mi
8/10
Hoover Street Elementary School
Public,•K-5•0.9mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,•K-5•1.2mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.2mi
5/10
Vermont Avenue Elementary School
Public,•K-5•1.3mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•1.4mi
2/10
Tenth Street Elementary School
Public,•K-5•1.4mi
4/10
Norwood Street Elementary School
Public,•K-5•1.5mi
3/10
Berendo Middle School
Public,•6-8•0.3mi
5/10
Pio Pico Middle School
Public,•6-8•1.2mi
3/10
John H. Liechty Middle School
Public,•6-8•1.7mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.7mi
4/10
John Adams Middle School
Public,•6-8•2.4mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•0.7mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•0.7mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•0.7mi
4/10
West Adams Preparatory High School
Public,•9-12•0.8mi
5/10
Foshay Learning Center
Public,•K-12•2.2mi
3/10
Belmont Senior High School
Public,•9-12•2.2mi
5/10
Santee Education Complex
Public,•9-12•2.5mi
3/10
Nava College Preparatory Academy
Public,•9-12•3.9mi
Price History
Date
Event
Price
10/16/25
Listing
$1,650,000
05/11/18
Sold
$1,310,000
Condition Rating
Fair
Built in 1903, this property shows a mix of conditions. While some areas, such as one of the bathrooms (Image 7) and certain appliances (Image 9), appear recently updated, other elements like the kitchen cabinets (Image 9), another bathroom (Image 4), and general finishes in the main unit (Images 2, 3) are dated. The property is functional and maintained, but its age and inconsistent updates across units mean it requires minor to moderate renovations to bring all units up to modern standards and aesthetics.
Pros & Cons
Pros
High Income Potential: This property is a rare investment opportunity featuring 5 units (a main 4 bed/3 bath unit and four additional 2 bed/1 bath units), offering significant rental income potential in a desirable urban market.
Prime Koreatown Location: Strategically located in Koreatown, within walking distance to Olympic Boulevard and Normandie Ave, and minutes away from major attractions like LA Convention Center, Crypto Arena, LA Live, USC, and Downtown.
Excellent Accessibility: The property boasts easy access to major Freeways 10 & 110, providing convenient commuting options for residents and enhancing its appeal to a broad tenant base.
Motivated Seller: The seller is explicitly stated as 'VERY MOTIVATED,' which could present a favorable negotiation opportunity for potential buyers.
City Lights View: The property offers a desirable 'City Lights' view, adding an aesthetic appeal and potentially increasing its market value and tenant desirability.
Cons
Advanced Age of Property: Built in 1903, the property is over a century old, which typically implies a higher likelihood of needing substantial maintenance, repairs, and system upgrades to meet modern standards and tenant expectations.
Potential for High Renovation Costs: Given its age and multi-unit configuration, there is a strong possibility of significant capital expenditure required for renovations across all units to maximize rental income and attract quality tenants.
Ambiguous Unit Count/Zoning: The description refers to the property as a 'triplex' but states it features '5 units,' which could indicate a discrepancy in zoning or permitting that requires further due diligence.